Ethereum, the second-largest cryptocurrency by market cap, reached an all-time high of approximately $4,891 in November 2021 during a significant bull market. Since that peak, the asset has experienced multiple cycles of growth and decline. This market requires Ethereum to reach or exceed $4,891 by December 31, 2026 for a YES resolution. Currently priced at 16% on the YES side, the market implies an 84% probability that Ethereum will not achieve a new all-time high during this two-year window. This odds level reflects skepticism about ETH reclaiming its previous peak amid ongoing cryptocurrency volatility and macroeconomic uncertainty. However, the extended timeframe offers meaningful opportunity for appreciation if market conditions improve. The price point represents a substantial gain from mid-$3,000 levels where Ethereum has traded in recent years. Resolution is straightforward and objective: the market settles YES if Ethereum trades at $4,891 or higher on any major exchange before January 1, 2027, and NO otherwise. With $37,007 in liquidity, this market provides traders with sufficient depth to position on their Ethereum price outlook.